A Slight Increase in Share for Private MIs in First Quarter April 20, 2023 Namrata Bhatia The private MI share of purchase mortgages with primary mortgage insurance hit 48.4% in the first quarter of 2023.Read More
Ginnie MBS Issuance Shrinks More in 1Q23 April 11, 2023 Monica Hogan Issuance of single-family Ginnie Mae mortgage-backed securities saw significant declines in the first three months of 2023.Read More
Finance of America Closes on AAG Purchase, Reduces Cash Terms April 3, 2023 Paul Muolo AAG was the nation’s largest home equity conversion mortgage lender last year with $5.8 billion of production...Read More
Retail Channel’s Share of FHA/VA Lending Drops in 2022 March 30, 2023 Monica Hogan The retail channel's share of FHA/VA lending declined from nearly 50% in 2021 to 36.2% in 2022.Read More
On Ginnie’s Wish List: Getting More Banks Involved March 29, 2023 Monica Hogan McCargo also suggested the FHLBs could help bring more stability to the Ginnie system...Read More
The HUD Mortgagee Review Board Tally: 65 Shops Sanctioned March 28, 2023 Monica Hogan The largest fine, for $16 million, was levied on Dwight Capital for supposedly charging loan fees in excess of 5%...Read More
HECM Lending Has Its Best Showing Since 2009 March 27, 2023 Monica Hogan The top three HECM lenders in 2022: American Advisors, Mutual of Omaha Mortgage and Finance of America...Read More
Another Downturn in Ginnie Issuance March 14, 2023 Monica Hogan Among the top 10 Ginnie issuers for the month, just one was a federally insured depository: U.S. Bank...Read More
FHA, VA Endorsements Hit Four-Year Low February 28, 2023 Andras Malatinszky The top three FHA lenders in 2022: Rocket, UWM and loanDepot, with Fairway not too far behind...Read More
HUD Seeks Feedback on Loan Rehab Program February 28, 2023 Monica Hogan The standard 203(k) mortgage covers projects with a minimum repair cost of $5,000...Read More
RSS